ITEM 5.07 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On June 17, 2022, Granite Falls Energy, LLC (the "Company") held its 2022 Annual Meeting of Members (the "Annual Meeting") for the purpose of electing three governors to its board of governors. Votes were solicited in person and by proxy.

Of the Company's 30,606 units issued, outstanding and entitled to vote at the Annual Meeting, 17,619 units, or 57.57% of the total units, were present either in person or by proxy. As a result, a quorum was present to conduct business at the Annual Meeting.





There were three nominees for the three governor positions, incumbent Dean
Buesing, incumbent Sherry Jean Larson, and incumbent Robin Spaude. The votes
were as follows:

       Name           Votes For       Votes Withheld/Abstaining
   Dean Buesing          16,036                    1,563
Sherry Jean Larson       15,405                    1,509
   Robin Spaude          15,473                    1,441

As a result, Mr. Buesing, Ms. Larson and Mr. Spaude were elected governors of the Company to serve three-year terms expiring at the 2025 Annual Meeting or until a successor has been elected and qualified or such governor's earlier death, resignation, or removal.

No other matters were voted upon at the Annual Meeting.




ITEM 8.01 - OTHER EVENTS

On June 17, 2022, the Board of Governors of the Company declared a cash distribution of $600.00 per membership unit to the holders of record of the Company's units at the close of business on June 16, 2022, for a total distribution of $18,363,600. The Company expects to pay the distribution by the end of July 2022, subject to approval from the Company's lender.

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